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Strategies & Market Trends : Complacency Indexes -- Ignore unavailable to you. Want to Upgrade?

To: Monty Lenard who wrote (995)4/25/2002 9:00:57 AM
From: Bocor  Read Replies (2) | Respond to of 1487
 
nice double top on GM from last summer's high of $66.30



To: Monty Lenard who wrote (995)4/25/2002 9:22:01 AM
From: MechanicalMethod  Read Replies (1) | Respond to of 1487
 
I have GM 7/18/01 as a doji after filling that gap but have a hanging man 4/24/02. It's still trending strong and that weighs heavier than that candle to me. Since it's approaching a double top I'd feel different if it gives more signs of reversal but I don't short new highs.

I appreciate the info on inverted hammers and will be studying them along with hanging men in more detail.

Regards, MM


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